Digital Realty reports 3Q17 results; Chinese cloud providers expanding in the US
Digital Realty Trust reported its 3Q17 results, which showed an uptick in top-line growth reflecting some contribution from the DuPont Fabros (DFT) merger (closed during the quarter) as well as around $67m in commencements during the quarter. There were some notable deals that took place in the quarter: including acquisition of land, data centre assets, divesting of non-core assets, and an international joint venture in Japan. Leasing activity hit a peak this quarter with particular strength coming from Chinese cloud companies looking to expand their footprint in the US. More details below.
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